user
Explain the following concept in less than five sentences.
The ‘80-20 rule’


assistant
The '80-20 rule' states that 80% of outputs or outcomes come from 20% of inputs or efforts. This rule applies to a variety of situations, such as the amount of time a person spends on a task and the proportion of customer revenue to total revenue. This rule can be used to help identify which efforts are the most efficient and yield the most outputs.